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The activist investor’s position at the end of Q3 was valued around $116.3mn, SEC filings show.
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Net property losses from Hurricane Milton in October reached $153.6mn.
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The California fire was 91% contained as of Friday.
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A roundup of our best journalism for the week.
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The regulation is a key component of Lara’s effort to stabilize the state’s sputtering property market.
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Cat losses in reinsurance rose 11.1% year over year to $45.1mn, driven by Hurricane Helene.
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The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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Allianz chief underwriting officer Shanil Williams will take over the executive’s responsibilities.
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A quick roundup of today’s need-to-know news, including Third Point/AIG, Aspen results and California regulation.
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Moyles will serve as co-president alongside Tom O’Neil.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.